The Games of Life

Ambar Reddekopp of The Journey Financial group relates being in an escape room to one of the most cumbersome and dangerous parts of people’s financial health: debt. Ambar explains how amortized debt is structured to make paying it off hard and for big companies to profit. She also defines the difference between APR and interest and shows how people can get stuck paying mostly APR and not pri...

Ambar Reddekopp relates the strategy and duties of pieces in the game of chess to the trickiness and gravity of estate or legacy planning. She shares how one’s documents are like pawns – the first line of defense. And Ambar shares how wills, trusts, taxes, and the entire plan itself fit onto the chess board. She also shares how an advisor is like a football coach and a lawyer is like o...

Ambar Reddekopp finishes up the game of Trouble in retirement with a discussion on long-term care. Ambar explains the who, what, when, where, and how of the subject. She shares examples of how the “when” – as in when to stop driving or to move out of one’s home – and the “how” – especially how to pay for this expensive care – can be very tricky...

Ambar Reddekopp begins a two-part series on two major trouble spots in any budget, especially in retirement. She talks about the trickiness of taxes and the biggest lie told about taxes in retirement. Ambar explains how required minimum distributions can become a sneaky burden and why people should use a financial advisor for tricky maneuvers, such as Roth conversions. Click  here to schedule...

Ambar Reddekopp talks about more facets in the retirement game of Risk. She explains what “comfy accounts” are meant for and the types of places to hold them. Then she explains “growth accounts” and how Journey Financial can help people determine the proper amount of risk with their money. Ambar also talks about how whacky Colorado weather is, as spring comes into full bloo...

Ambar Reddekopp discusses what people should consider when creating their retirement paycheck plans. Ambar talks about the importance of determining monthly needs and the sources to pay, along with filling the gap between what people have and what they need. She also talks about why money should have its job and stick to it. Click  here to schedule your complimentary meeting with Ambar and th...

Ambar Reddekopp discusses retirement budgeting and planning enough income to last people for 30 years. She talks about “three territories” in retirement: steady paycheck, long term care, and legacy planning. And she talks about the differences between a paycheck account, a comfy account, and a growth account. Ambar also talks about her recent trip to Disney World – without kids....

Ambar Reddekopp compares retirement to the strategy of Risk, especially in gaining control of territories. She explains the five psychological stages of retirement and how she and the Journey Financial Group team help people to come up with a strategy to get through each. Ambar also shares the four things retirees should plan for and how only one of them is finances. Schedule your complimentary ca...

Ambar Reddekopp and co-host Doug Turnbull talk about how people misunderstand and get discouraged when they are asked about how much they need to retire. Ambar explains why this indeed is the biggest question for retirement and why people are actually further along than they think in their savings. And she describes how one’s psychology about spending and saving really matters and how she an...

Ambar Reddekopp talks about savings and shares how saving money can be a two steps forward/one step back game, much like Chutes and Ladders. And she explains how people need to revert back to the Payday game of giving their money a job to better tackle their savings. Ambar also defines short-term and long-term savings and how she and The Journey Financial Group team can improve someone’s app...

Ambar Reddekopp discusses debt and defines what good and bad debt are and how good debt can be used as a tool of advantage. She compares debt to fire in both its usefulness and destruction and shares the way debt can easily become bad. Ambar also details the methods that The Journey Financial Group team can lead people in starting with small wins in paying debt and working up to larger financial a...

In this episode of the Games of Life podcast, Amber Reddekopp discusses the importance of financial literacy across all ages, particularly focusing on engaging young clients. She explores the fundamental jobs of money, practical strategies for managing finances, and the significance of understanding one's spending habits. The conversation emphasizes that financial management should be straightforw...

Ambar Reddekopp talks about playing the money game - or getting played. Ambar walks through how marketing trains us to be consumers, but not good stewards of wealth. She describes how a financial advisor can break finances down to the granular levels, so people can play this game properly, based on their situation in life. Ambar also shares what she and her family did over Thanksgiving and the len...

Ambar Reddekopp tells listeners what the five different jobs of money are: bills, lifestyle, servicing debt, short-term savings, and long-term savings. Ambar defines each and explains how achieving each one is very attainable. She also talks about her and her family's Thanksgiving plans and what her favorite Turkey Day food is.  See omnystudio.com/listener for privacy information.

Ambar Reddekopp mulls over people's backgrounds and postures and how those affect their attitudes about finances. Ambar also talks about the differences between The Spender and The Saver and how they ultimately want the same thing and can deploy similar methods to get there. She also breaks down Colorado's two main seasons.  See omnystudio.com/listener for privacy information.

Ambar explains why she came up with “The Games of Life” as the podcast name. She shares how her and her Journey Financial Group team teach different clients different games: Payday Game, Twister – untwisting one’s savings, Escape Room – freeing one’s self from debt, Chess – estate planning, and more. And Ambar describes her and her wife’s love of TV...

The retirement journey is one of the greatest and most fulfilling trips you’ll ever embark on, and proper preparation and strategy can help you maximize your current situation while building towards a future that is everything you’ve been dreaming of. Hosted by The Journey Financial Group president Ambar Reddekopp, The Games of Life Podcast aims to educate listeners on the many nuances of retireme...

In this series premiere, Ambar Reddekopp explains how she came from very meager beginnings to taking over her father’s firm and what she learned by working in other parts of the industry. Ambar also shares how her team serves people of all ages and about her love of comic books, her pets, and the outdoors in her home state of Colorado. See omnystudio.com/listener for privacy information.